Diageo PLC reported interim results for the six months ending December 31, 2023, showing net sales of $10.96 billion, declining by 1.4% due to foreign exchange impacts and a significant drop in Latin America and Caribbean sales. The operating profit fell 11.1% to $3.32 billion, with a 5% dividend increase to 40.50 cents per share, reflecting ongoing challenges but strong cash flow generation of $2.15 billion for future growth.